financial institutions

Bank of America Faces Congressional Probe Over January 6 Information-Sharing

In the latest development surrounding the investigation into banks' handling of customer information during the January 6, 2021, Capitol attack,…

2 years ago

Focusing on Green Finance and Governance, Exploring Future Cooperation and Development, SMU and RUC to co-host a Global Forum

On 21 November 2023, Singapore Management University (SMU) and Renmin University of China (RUC) will co-host a high-profile Global Forum…

2 years ago

OCBC Faces Digital Banking Service Disruption in Singapore

In summary, OCBC's digital banking services, including the Funds Transfer feature, faced intermittent technical issues, leading to inconvenience for customers.…

2 years ago

Oman Arab Bank’s RO50mn Bonds Issue Garners Enthusiastic Response

Oman Arab Bank's resounding success in its recent bond issuance, oversubscribed by a remarkable 60%, speaks to investors' remarkable confidence…

2 years ago

ACWA Power-led Consortium’s $2.4 Billion Al-Shuaibah Solar Projects Set to Energize Saudi Arabia

ACWA Power's $2.4 billion Al-Shuaibah solar projects have brought Saudi Arabia's renewable energy aspirations to the forefront. Led by ACWA…

2 years ago

Oman’s Banking Sector, Anticipating Revitalized Credit Landscape in 2023

Oman's financial landscape is primed for positive shifts, as indicated by the Central Bank of Oman's Credit Conditions Survey. Forecasts…

2 years ago

Bank Earnings Propel U.S. Stocks to New Highs Surging Economic Optimism

U.S. stocks are surging to new highs, driven by strong bank earnings and a resilient economy. As investor optimism grows,…

2 years ago

Monte dei Paschi di Siena, Upholding a Legacy of Empowering the Underprivileged

Monte dei Paschi di Siena, the world's oldest bank, continues to face significant challenges as it grapples with financial difficulties…

2 years ago

U.S. Federal Reserve Unveils 2023 Bank Stress Test Results

In a testament to the strength of the U.S. banking sector, the Federal Reserve's unveiling of the 2023 bank stress…

2 years ago

Kuwait’s Money Supply Shows Modest Increase, Reflecting Stable Economic Outlook

Kuwait's Central Bank has reported a modest increase in the country's money supply, highlighting stable economic conditions and positive trends…

2 years ago